Economy key task of new govt., Tadić says

Democratic Party (DS) leader Boris Tadić said Wednesday, in a meeting with the Fiscal Council members, that the economy was the key task of the new government.

Izvor: Beta

Thursday, 07.06.2012.

10:45

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Democratic Party (DS) leader Boris Tadic said Wednesday, in a meeting with the Fiscal Council members, that the economy was the key task of the new government. "Tadic particularly noted the importance of macroeconomic stability, which is a prerequisite of economic growth and higher living standards and stressed economy was the key topic and task before the new Serbian government," the DS said in a release. Economy key task of new govt., Tadic says Members of the Fiscal Council presented a report on fiscal consolidation and their view of the economic situation in the country, says the release. The Fiscal Council requested on May 30 that wages in public sector and pensions be frozen and that VAT be increased from 18 to 22 percent. Fiscal Council President Pavle Petrovic said at the time that the government needed to save EUR 1bn in 2013 and additional EUR 1.1-1.2bn from 2014 until 2016. The DS warned earlier on Wednesday that it was necessary to form the new government as soon as possible so difficult economic issues could be solved and expressed hope that the Serbian Progressive Party (SNS) would stop discouraging foreign investors. Boris Tadic (Beta, file) Beta Tanjug

Economy key task of new govt., Tadić says

Members of the Fiscal Council presented a report on fiscal consolidation and their view of the economic situation in the country, says the release.

The Fiscal Council requested on May 30 that wages in public sector and pensions be frozen and that VAT be increased from 18 to 22 percent.

Fiscal Council President Pavle Petrović said at the time that the government needed to save EUR 1bn in 2013 and additional EUR 1.1-1.2bn from 2014 until 2016.

The DS warned earlier on Wednesday that it was necessary to form the new government as soon as possible so difficult economic issues could be solved and expressed hope that the Serbian Progressive Party (SNS) would stop discouraging foreign investors.

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